Tender: renewable certificate purchasing initiative

The Department of Environment, Land, Water and Planning (VIC) is seeking tenders for the procurement of large-scale generation certificates (LGCs) from new solar projects in Victoria.

Through this initiative, the government aims to:

• Bring forward investment in new renewable solar energy projects in Victoria by procuring up to 152,000 LGCs per annum commencing no later than 31 October 2018

• Promote job creation and economic development in regional Victoria where renewable energy projects are located

• Promote investor confidence in Victoria’s renewable energy sector

The state is seeking to enter into an LGC Sale and Purchase Agreement/s with the successful tenderer/s, to meet its effective certificate obligation and for the solar trams initiative.

Submissions to tender close 20 April 2017.

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